uber rides so you think about the $95 billion for uber and then realize the fact that eats has beenting with rides, if not bigger, and that doordash is the market leader, the math doesn't stretch the imagination that far, first of all second of all, it's really important to look at the growth of the food delivery business over the last four years, and especially outside of the non-tier one cities where the growth has been 100% on an order year over year, including, and especially in 2020 so there's an amazing amount of growth in the sector there's an amazing amount of learning that's happening from all the players and there's a fair amount of consolidation that started with caviar and doordash, grubhub, uber and postmates, who were in the prior kinred portfolio i think you'll see a maturation of space as the next companies get into the market. >> i want to mention the indication has just gone up again while you were talking, $170 to $175 now for investors who want to maintain some kind of discipline, jim cramer said don't buy this oithing over 100 bucks. if you're an investor who is

it is easy to semper fi this issue as uber against it -- to simplify this issue as uber against a regulatorit is about protecting a survivor's right to consent and privacy. it is also about discouraging -- not discouraging other companies to take steps to -- as about being transparent like uber has been and having hard conversations that you can actually make a difference and make the platform saver. this is not about not wanting to turn over information. this is about turning over information but doing it in a way that protects survivors of sexual violence. vonnie: speaking of protection, california' coronaviruss advisory council met to figure out a timeline for who should get the virus when chaired what is uber doing -- get the virus when. what is uber doing to advocate for its workers? >> one of the great things about the uber platform is it can be used to encourage the widespread adoption of the covid-19 vaccine. it is something we have been advocating for for a while now, that drivers and couriers who have been on the front lines, we wanted them to receive some kind of priority so they

prop 22 was a win for uber, but there are still traffic jams to maneuver for uber. next, we will discuss what legal issues are threatening the company's operating license. this is bloomberg. ♪ hope it doesn't cost too much. i hope my insurance pays for it. can you tell me how much this will be? - [cashier] 67. - sorry. - wait, have you heard about goodrx? goodrx finds free coupons to help you save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. (announcer) do you washed pounds? stress? do you want to flatten your stomach? do all that in just 10 minutes a day with aerotrainer, the total body fitness solution that uses its revolutionary ergonomic design to help you maintain comfortable, correct form. that means better results in less time. and there are over 20 exercises to choose from. get gym results at home. no expensive machines, no expensive memberships. go to aerotrainer.com to get yours now. vonnie: the gig economy struggled in november when california passed prop 22. a law allowing compa

and eventually left uber would to work for mark zuckerberg's charity.u also had anthony foxx, former obama secretary of transportation who became a top official at lyft. forhew wayne, a spokesman andrew cuomo who also became the spokesman for uber. all of these corporate democrats, top aides going to work for these firms in the gig economy. that the lawking that is probably the most dangerous law to workers that we have seen since taft-hartley, that it was architected and heralded by corporate democrats and not republicans -- it is a far right law, the way it was as antidemocratic, , extreme dangerous danger to american workers and yet you're right. the people behind it, including tony west is now potentially being considered for attorney general, were corporate democrats. professor,u talk, about what you think was most misleading about this campaign? californians voted or of those who voted voted for it. talk about it being used as a model. you see this as one of the most itious attacks on labor and all of your studying of labor law in the united state

. >>> gig workers gathered outside of the uber headquarters, wanting uber and competitors to give out more personal protective equipment to employees and financial support to delivery drivers during the pandemic. emma goss is here with more.>> reporter: gig workers tell me they are paying hundreds of dollars out of their own pockets for their own ppe supplies. meanwhile, the companies they drive for say they are available free of cost.>> reporter: december 22 has been designated as a global day of action. >> reporter: on tuesday, rideshare and food delivery drivers gathered outside of uber headquarters as part of an international day of action. they joined driver groups in argentina, mexico, and italy, saying that the time has come for the company to deliver for them. >> it is important to get the word out, to demand that these tech companies do more to support the people that are doing the work for them. we are out here, as independent workers. we are risking our lives. >> reporter: i used to be platinum. >> reporter: michaela edwards, schoolteacher was driving full- time for uber un

you also follow uber.urious of what you make of their selling of the self-driving car unit two aurora. we were just speaking to the ceo of aurora. taking a big haircut on the actual sale. themselves into a potential future successful self-driving car company. >> i think it's another example over the last eight to 12 months that highlights the willingness to make the really hard decisions when it comes to simplifying the business, streamlining the business, and accelerating the timetable for cash flow creation and pro fitabilty. a lot has been made by some of the asset sales, or shutting down of the businesses uber has done, but they have also made some acquisitions. they acquired corner shop. uber streamlining and focusing. not necessarily looking to get smaller in their core businesses of ridesharing and food delivery, but the corner shop is more adjacent to food delivery. the company is refocusing streamlining. it is also continuing to invest in the markets where they are either clear number one or numbe

but also uber pulls plug on self driving car unit to take stake in rival aurora.whom are ‘s aims for several yea rs of whom are ‘s aims for several years now. a massive story coming out of silicon valley. of course feels hugely as a business by self driving cars in the future, because who needs an uber if you have self driving cars? because they have been trying to get ahead of that technology and honing it themselves, pouring money into developing their owi'i pouring money into developing their own self driving cars, so for them to abandon that whole project and just throwing their weight behind a rival is a really big deal, and a really big deal for business, and as well, if you look at the company they are throwing their money too, it isa they are throwing their money too, it is a pretty big deal for them. it isa start—up it is a pretty big deal for them. it is a start—up in the us, started by three executives. one of them said this is a bit of a coup for us today. well, it certainly is, the value of his business hasjust gone up value of his business hasjust go

big news, uber selling its self-driving unit to autonomous starting up aurora uber planning to invest taking a 26% stake aurora valued at $12 billion, making a decacorn, joining us with an exclusive interview is dara khosrowshahi, uber's ceo joining us, and chris urmson, aurora's cofounder and ceo, good morning to both of you gentlemen. let's try to unpack this deal dara this was a unit that travis callnick years ago said was so crucial to the business, now you're effectively unloading it, spent a lot of money on it over the years, and you're paying toe to give it to chris. so walk us through the thinking. >> well, i think what is crucial is for us to have access to the very best leading autonomous technology out there, this is the technology that is going to make the streets safer, it is going to make movement essentially more affordable and equitable and we want to make sure as that technology is developed, it is developed for the uber network and available for the uber network at scale. what this deal does, it essentially brings two leading teams in autonomous space with a great le

before that the only weeks that saw greater everyone uance was in may of 2019 when uber went public and then in september of 2014 when alibaba went public. what's different these times is these billions of dollars in new issuance is coming weeks before the end of the year when most institutional investors look in their performance for incentive fee purposes that's when it becomes imperative for them to beat their benchmarks, and if their benchmark is the naz-well, they are looking at beating gains of about 40% year to date no easy task there that appears though to have helped demand considering both airbnb and door dash upped their price ranges kell >> that's fascinating, and you answered the question i was just about to ask, leslie, which the fact that they have upped their price ranges, does it tell you more about the demand for these two particular companies or the chase for ipos this year but i haven't thought of it from what you said but it's really the chase to beat benchmarks >> well, yeah, that's one of the big benefits of going public towards the end of the year in a year that

uber being fined and forced to pay up.hy california cited the company with hefty penalties this morning. if you have postmenopausal osteoporosis and a high risk for fracture, now might not be the best time to ask yourself, 'are my bones strong?' life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it, or take xgeva®. serious allergic reactions like low blood pressure, trouble breathing, throat tightness, face, lip or tongue swelling, rash, itching or hives have happened. tell your doctor about dental problems, as severe jaw bone problems may happen. or new or unusual pain in your hip, groin, or thigh, as unusual thigh bone fractures have occurred. speak to your doctor before stopping, skipping or delaying prolia®, as spine and other bone fractures have occurred. prolia® can caus

here's the deal, or will acquire the employees and technology from uber, uber will invest $400 million into aurora and a ceo will join the board of directors. after the deal, or will be worth $10 billion and uber will hold a 26% stake. >>> looking live at ocean beach, high surf warning now in effect the bay area's coastline. swells as high as 25 some areas, danger sneaker waves, strong ripcurrents also expected until tomorrow but let's bring paul heggen back in for details on all of that and more for the week. >> we have that high surf warning that goes into 5:00 tomorrow, the largest waves are going to approach 25 feet. the more sustained wind come the northwesterly swells, will be more the 15 to 18 foot range but again, somebody who will be going out and trying to either take pictures from the beach and surfers venturing out there, or if you are one of those people who want to venture out just make sure you are aware of the recurrent risk and the sneaker waves as well. let's take a look at the wind. that will calm down as we had into the rest of tonight but there will be some occasio

it was a knock against uber when they opened uber eats.nly now has it not been a knock because of the pandemic. is this viable on wall street? >> yes think about what happens when the vaccine is here, when covid is over. will we head back to restaurants en masse or are we going to summon our doordash my perspective is that the cat is out of the bag we have all had a year essentially of training, when we get hungry we push that button and just like uber a car arrives, with doordash our food arrives. it is an old-fashioned example but let's think about amazon and all the worries about profitability that people had about amazon back in the day people are forgetting the state of doordash's business today and in the things they could build in their s-1 they mention a delivery business being a service provider of choice to merchants. and the thing i am most excited for is the doordash subscription, a $10 a month consumer subscription product. right now it gets you delivery for free like amazon prime. amazon prime is such a driver of growth for a

uber shares up 3%, up more than 80% this year.lly sympathetic to the case they are making the question is just how -- where do they rank in the -- in the universe of people who need access to this vaccine, so it's not so much on its own merits as, well, if they get it, then who doesn't? >> it's all a matter of relativity and the point here being, like you said, is this notion that even if they are categorized as non-health essential workers were, one who can facilitate commerce and miss, facilitate the logistics of getting health care workers to their positions, it still puts them behind in line, behind two very critical groups of people those are the first responders and health care workers themselves and also the elderly and sick who are out there already, so even if they do get this designation, they are not going to be anywhere near close to what's happening to the top of the line. by the way, if these forecasts for distribution are accurate, it may not matter that much because there's a chance that everybody by the course of

i mean, are you surprised that door dash jumps so much, 80%, and uber flickers?i think there are mechanics involved where one company has a smaller flow, hasn't had a lock up just yet, stuff like that, that could effect how much juice is on the upside or downside any given day. i think uber, long term, will be a much larger business than doordash i think doordash reminds me more of pelloton where the desire for the product or the service will diminish as we're allowed to take off the masks and go be human beings again, whereas in the case of uber, that's when the most profitable part of their business first gets ramped up and they were, before the pandemic struck, they were like already two quarters ahead of schedule in terms of when they would be cash flow positive and ultimately profitable. and i think they've cut tons of costs andthey're going to be there just as fast when we get out of this pandemic for me, uber is a much, much more important, structurally important business in america and around the world than doordash can ever be, and i'll stick by that. >>

uber did not comment on the action.ces for drivers, you can check out www.ktvu.com. >>> emma, thank you. >>> friends and family of jace young let a caravan today. the sexual boy was shot and killed in san francisco on the fourth of july, as people gathered to watch fireworks. so far, police have not made any arrests. organizers say the goal of the caravan was to draw attention to the case and call for an end to gun violence. >> we want support for my brother. we want to get justice for him. >> several billboards are up in san francisco, demanding justice. authorities say he was not the intended target in the shooting. >>> walmart is being accused of fueling america's opioid crisis. the justice department is suing them, alleging they ignored warning signs from the pharmacist and filled thousands of invalid prescriptions. they say walmart created a system that turned its pharmacies into a supplier of highly addictive and killers. walmart says the investigation unlawfully forces pharmacist to come between patients and thei

. >>> uber technologies is selling off its troubled autonomous vehicle unit. the company is trying to shore up its finances as the pandemic hits a demand for its car hailing business. uber says it is selling the self-driving vehicle off to u.s. startup aurora innovation. it'll invest $400 million in aurora as part of its strategic partnership. it's autonomous program suffered when one of its vehicles hit and killed a person. it halted testing of the technology afterwards. uber has also announced it's lling it's fing taxi business to u.s. venture jobi aviation. uber will invest another $75 million in jobi for an extended partnership. >>> discounts can be enormous and so can the line. the covid-19 is changing the way it works this year as nhk world. >> scenes like this are typical in japan each new year. shoppers scramble to get their hands on bags. but it's not something we're likely to see when 2021 kicks off. covid-19 has prompted most stores to bring the sales forward and move them online. >> translator: about 70% of our bags can be purchased in advance at t

. >> a little bit more than what you pay for uber xl. >>> the flying taxi company was in pretty bold claims >>> they received complaints, or violations, they are now suspended or their off the platform completely. airbnb recently changed the policy banning parties that was things until further notice. >>> they will be without draymond green for the season opener, because of a foot injury. but james wiseman will be available to play, steve kerr would not say if the rookie will start at center, it will be the first game and over 400 days. >> three games at memphis, this is obviously a huge moment, and his life come in his career. i want them to enjoy it. trying to bring them along. so we, not put too much on his plate. >> i mckinzy okay, did he get electrocuted, what's going on? >> i'm one wise man, so phone video shows parasailing santa crashing into a power pole. in sacramento county, got stuck there hanging upside down. can't get down. first responders got st. nick down safely. >> we seem flying around all the time. >> maybe he should stick to the raiders misled. he might not have s

. >>> vamos a una pausa y en breve, impacto a su bolsillo porque ordenar comida por uber saldría más el noreste de país . >>> condiciones secas pero viene frío, abríguese bien y vamos a hablar de este pronóstico. >>> recaudamos ayuda por ayudar a personas alrededor de la bahía, done 10 dólares en estos supermercados, hasta el 29 de diciembre . >>> para más información descargue nuestra aplicación , actualicela o descárguela gratis cuando aprovechamos los abundantes recursos de energía solar y eólica de california, enfrentamos el cambio climático. usa menos energía de 4 a 9 pm para que sigamos brillando. el día 18 de diciembre se conmemora el día nacional del inigrante, vamos a ver la historia de una inmigrante que llegó a colorado. >>> me hice la pregunta si vale la pena venir aquí. >>> ella busco hace 15 años desde chihuahua en busca del sueño americano para ella y sus hijos . >>> desde que empezó esto siempre he sido inmiante para tener una mejor vida, buscar una mejor vida. >>> en estos años se ha perdido de fechas importantes y eventos significativos al lado de los suyos. >>> más

we'll debate and uber's autonomous losses, tesla's huge stock offering and apple is turning head today that's all coming up and, first, let's hit the markets a. >> markets have moved higher to put the nasdaq and s&p at record highs with the dow 1% from yesterday's intraday high. the level to watch is 30,200 that was a weird looking 3 30,333 watch that level among the stocks to watch, stitch fix trading it at an all-time high, trading at 40% after expectations for double-digit growth, shares up 370% from the march. year-to-date up almost 100%. finally, take a look at the home builders among the worst performers in the s&p today as they follow toll brothers lower and that's despite on being on every metric, the luxury ceo saying it's the strongest housing market seen in 30 years at the company and that they continue to raise prices in nearly all of their communities. >> kelly >> strongest market in 30 years and the stock is like, yeah, it's priced in. >> no big deal. >> thank you so much we appreciate it let's get to now the vaccine news today a 80-year-old woman in the uk becoming the f

. >>> so coming up on the "cbs morning news," free uber rides.ow the ride hailing service is making it easier for you to get the coronavirus vaccine. this is the "cbs morning news." listerine® cleans virtually 100%. helping to prevent gum disease and bad breath. never settle for 25%. always go for 100. bring out the bold™ only nature's bounty does. new immune twenty-four hour plus has longer lasting vitamin c. plus, herbal and other immune superstars. only from nature's bounty. tand take an extra 20 or 15%.. and otheoff!...e superstars. kitchenaid stand mixer is $279.99... save on top toys... and get diamond earrings or pendants - $29.74! plus, save even more on jewelry! plus, get kohl's cash! plus, free store pickup. give with all your heart. kohl's has a million little sips of sunshine. it's 100% of your daily vitamin c and 100% delicious. making every moment in the morning brighter. tropicana sip your sunshine. who've got their eczema under control. with less eczema, you can show more skin. so roll up those sleeves. and help heal your skin fro

uber wrote a letter to the cdc advisory committee on immunization practices thing that their drivers provide critical transportation for essential workers and allow others to stay home and order food. the rideshare service is one of several industries lobbying the cdc from truckers to agricultural workers. in the uber letter the head of federal affairs wrote that early access to a vaccine will help drivers and delivery people to continue to play an essential role while reducing a risk that they may inadvertently contract or transmit the virus. >>> in the meantime, vice president mike pence visiting the center for disease control and prevention headquarters in atlanta to discuss the latest on the distribution plan for the vaccine. he told cdc staffers that americans owe a great a debt of attitude -- gratitude. 20 million people could be vaccinated by the end of 2020, but it will take until the middle of 2021 for most americans to gain access to the vaccine. >>> thank you. we are learning more about the two vaccines up for fda emergency use authorization. each drug from pfizer and mode

i think uber is a well-run company and when people come back to travel again uber eats is a start herend it is doing well. i want to go to court in pennsylvania court. >> court >> booyah. >> i want to thank you everything you do for the retail department >> big call on wednesday at 11:30. >> i won't miss it >> my company is similar to shopify. they target service enterprise customers as well. they have $5.5 billion market cap. they're small to mid size. 38% year over year with acceleration over the last quarters and intenterprise of 7. can i get your thoughts on big commerce >> court in pennsylvania knows more about this company than i do i am not going to say, i think that you got to do more homework because you have done the homework i think that price to sell is pretty darn high i want to look at this company court may have given us a winning idea all right, the ipo market is about to come roaring back will you look at this? this didn't look like this two years ago. they're all going at each other. i like the door dash you got to be careful because it is going to slow next year much

san francisco startup aurora innovation is taking over uber employees and the technology.ng $400 million into aurora and has a 26% stake. >>> the city of oakland may be in big money trouble. oakland could face a $62 million shortfall by the end of this fiscal year in june due to the pandemic. the report calls on city leaders to do the obvious, >>> good evening. coming up, is new york about to shut down? just as 33 million californians are staying under orders, new york is shutting down indoor dining. that news and more tonight on the cbs evening news. >> we'll se e ♪ ♪ captioning sponsored by cbs >> o'donnell: tonight with a vaccine on the horizon, the warning from top officials, the worst days are still ahead. so americans can't let their guards down. as the u.s. nears 15 million coronavirus cases, governors of new york and california warn hospitals could be overrun. alifornians nowfornians now under stay-at-home orders as new york's governor says indoor dining could shut down again. the desperate effort tonight to expand hospital capacity. >> nobody who has gone into med

this remains uber, our topic in the group.ve noticed this multi-year rise in the interest of ridesharing. what i found most interesting in this report, this survey was the finding that consumers are finding new use cases for rideshare. -- are starting to use ridesharing during the middle of the day, during nonpeak commute times. people were starting to use ridesharing to run errands. if that use case continues post-covid and you have your general use cases rising for social events, airport runs, what it means is that the use cases for ridesharing, uber, lyft, will all be greater post-covid. i thought that was an unusually bullish take away so we continue to like uber. it's our top pick in ridesharing. emily: uber is obviously one of the companies that has struggled in the midst of the pandemic. stitch fix is another company that you are looking at that has struggled on early as well, made big jump cuts, but seems to be taking off like a rocket ship. what are you seeing in terms of the path ahead? mark: that will be a covid rec

and mike brings up uber. have to wonder if the leaders of the companies in 2019 that had muted performance on their first day of trading and looking at what's going on this year, a year by all other measures you think would be so challenged for a company to go public, and then you see moves like this and you see upsizing deals based on raising the price ranges, you know, i bet they're sitting and scratching their head thinking, hmm. >> key difference -- >> i'll give you -- go ahead, deirdre. >> sorry, kelly. i was just saying key difference, uber and lyft were losing billions and billions and now uber trading near $95 billion. big distinction between doordash and airbnb, we have seen some level of profitability. >> that's true >> they've had several profitable quarters. maureen, we'll give you the last word here. does this become a 2020 phenomenon as leslie mentioned, fund managers looking to generate alpha up until year end. if we flip the calendar to 2021, is it a totally different landscape or is this goin

. >> started by the people who came from uber. go ahead. >> lime is owned by lime. there is some complicated interests with uber related to the purchase of jump and a controlling interest from ford. the nature of the ownership of the companies is complicated and difficult to keep clear. >> are these companies that care about geographic distribution, equity, companies that need to have a city that enforces against them with a strong hand, yes or no? >> they need policy guidance and enforcement from san francisco to meet our goal. >> good answer. supervisor safai. >> thank you, mr. chair. i have more questions. we spent a lot of time talking today about further accountability on behalf of s.f.m.t.a. for these companies. what i want to know as part of the permitting process do you ask the companies to hold themselves accountable and customers accountable. if someone is not wearing a helmet, not following the rules, riding on the walk. whatever the issues are, are the companies themselves policing or for lack of a better word, holding customers accountable. are you aski

. >>> uber is looking at cashing in on self driving cars. diane king hall has the story and more. >> reporter: report stocks were mixed to start the week. on monday, the dow dropped 148 points. the nasdaq added 55, reaching a new high while the s&p 500 fell seven. >>> a new survey shows economists are hopeful for 2021. the national survey for economic business found that 74 percent of forecasters believe that the economy will return to pre-pan damagic levels late next year. expert his said only when a vaccine readily available and the consumers feel safe will the economy fully bounce back. >>> uber is pulling back from self driving vehicles and sold the division to the startup aurora after years of struggles to develop the technology but uber isn't giving up and has invested $400 million into the startup with a, quote, preferred relationship between the two. that's your cbs money watch report. for more, head to cbsmoneywatch.com. from the broadcast center, i'm diane king hall. >>> good morning and thank you for waking up with us. this is a l

. >>> still on deck, remember how uber was going to be a massive maker of self-driving cars taking youverywhere with no driver well, that is over that story next. >>> today's big number 300% that is growth in total orders at doordash in the first nine months of 2020 compared to the year ago period. the company is slated to begin trading tomorrow at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translating decades of experience into strategies for the road ahead. we are morgan stanley. >>> welcome back today we'll give you four big stock stories. and it includes the latest fashion trend, buying a new home and throwing in the towel on self-driving cars. first up stitch fix, sales rose 10%. and check it out, stitch fix expects revenue growth of 20% to 25% in fiscal 2021 stock number two is uber, selling its self driving car unit to a startup backed by amazon this ends ube

if you take uber the biggest of all the platforms has the most workers. it priced it's rides far below cost. it meant they were always losing money they were always pressuring the drivers and they were only going to be able to have a viable model if they could come to dominate the market. and raise the prices high enough so they could make a profit on each ride. the hype about uber said the low prices are big and to how they were sustainable. to a certain extent i think also not sustainable at current levels on delivery. these platforms are depending on the exploitation exploitation of the workers and the failure to obey employment laws. we will talk about that. but what the bad model to begin with meant. eventually, a lot of pressure from investors. because there is a point at which they want to see profitability and that was important in the downward trajectory of wages. if you look at a high wage platform like task grab it. it's the opposite. the wages are high. but that restricts the demand. and there is a kind of basic contradiction there. a sign of

. >>> tonight california is fining uber $59 million.f they don't pay of it could be said ended for operating in the state. it is all related to sexual assault cases that were reported through the app. they want to investigate those claims but >> reporter: does not want to turn over personal information of those involved. uber says the california public utilities commission which regulates ridesharing has been insistent in its demands that we release the full names and contact information of sexual assault survivors without their consent. we oppose this shocking violation of privacy along with many victims rights advocates. uber now has 30 days to pay the fine. >>> don't wait, tomorrow is the deadline for ground shipping from major carriers to get your packages delivered by christmas. greeting cards have to be mailed by the 18th and from the 19th onward there are pricier options for priority mail. >>> coming up next, the last ditch legal fight from some east bay business owners. why they are teaming up to his due the state. -- sue the st

two supervisors recommending the proposal saying uber eats, grub hub, and door dash have seen a surge in business during the pandemic. it's putting restaurants at greater financial risk. the board is expected to vote on that proposal tomorrow. similar proposals along with the cities of san francisco and

ceo added to aurora's board and a $400 million investment in aurora from uber uber is down a littlefter hours. some sort of shuffling around of equity holdings there it seems like as opposed to a complete and total transaction where the two companies will still be fairly intertwined >> right up next on the show former fda commissioner dr. jane henny on when most americans will be able to receive a coronavirus vaccine. this is shaping up to be a critical week on that front. we'll be right back. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪ verizon 5g is next level.e 5g america's been waiting for. unlimited plans fit everyone in your family starting at just $35, with 5g included at

cuento y dijo que le reembolsará el dinero e incluso no se había dado cuenta de otros $52 robados, uber su información en una página, que deben coser códigos de verificación. >>> de sus conductores, que bloquean los retiros, >>> es la mejor época para aprovecharse . >>> más le vale preguntar, >>> regala dinero en estas juntas . >>> vamos a hablar de una comunidad conmocionado por un homicidio, a plena luz del día . >>> cuarentena que, le contamos si se esta cumpliendo . >>> seguimos con más información enseguida, regresamos con más. (comerciales) este es su noticiero telemundo48 a las seis. >>> gracias por llegar . >>> empezamos con el primer día, se encuentran bajo orden de encierro, >>> es el último en volver a implementar esto, de la

on uber, this remains our topic in the group. -- top pick in the group. we've noticed this multiyear rise in the interest of ride sharing. what i found most interesting in this report and this survey was the finding that consumers are finding new use cases for ride sharing. this was talked about on the last earnings call. new yorkers, he was specifically pointing to, were starting to use ride sharing during the middle of the day during nonpeak commute times. people were using ride sharing to run err ands. if that use case continues post -covid and you have your general use cases rising for social events, airport runs, it means the use cases for ride sharing for uber, lyft, be all -- will all greater post-covid. i thought that was a huge takeaway. we continue to like uecker. emily: uber is one of the companies that has struggled in the midst of the pandemic. stitch fix is another company you're looking at that's struggled early on as well. made big job cuts. but seems to be taking off like a rocket ship. what are you seeing in terms of the path ahead there

. >> reporter: he says he started to drive for uber before the pandemic began. recently he said work slowed dramatically. >> you have to go and search for the work. >> he supports uber in their quest to make sure that their workers are deemed essential. it can be modified by individual states. >> teachers, educators, rallied by the san francisco supervisor who urged the governor to prioritize educators in the next round of vaccines. groups like the institution of zoos and a nationwide that alone is more than 23 million people. phase 1b hasn't been announced yet by the cdc or the california public health department. phase 1c likely will include people over 65 or with underlying conditions. healthy people under 65 who are not in any of the categories likely will be in phase two. >> the facebook ceo mark zuckerberg does not think it will be necessary for his employees to be vaccinated before their return. employees have the option to work remotely until at least july 2021. we are dedicating next week to bringing you in-depth coverage. if you have questions about th

super mature and how much growth is truly ahead and the uber ipo had some of those issues. this apparently does not >> what's interesting about this one and i've been asking people the same thing because especially as you make comparisons to the deals of 2019, which we saw a lot of muted first-rate tradings, uber fell on its first day of trading. what's different this year why is it in a year where we've seen a pandemic and volatility in the market these deals are going up and having these huge first-day pops and so much interest, especially against the back drop of uncertainty people say the pandemic showed the resiliency and showed there are these companies you could look ahead to and potentially say, well, airbnb was able to survive the pandemic and there's going to be pent-up demand for additional travel going into the new year and that will benefit airbnb even more and there's tesla, if i get in now, maybe i can benefit when they're included in the index. >> i know we got to run. this is a good rebuttle to the question as i was sort of alluding to whether these kinds o

uber also up almost 80% year to date as you mentioned.ks of america says they'll bullish on what they're calling the most unloved mega cap, at&t. they note that at&t has been good at paying down debt, refinancing at lower rate and they did not increase a dividend for the first time in 30 years, they did maintain its hbo max strategy >> i don't have any ownership on the desk of at&t but i want to go uber. the new resolution stock to own in 2021. that could have been written by josh brown, right? >> yeah. this stock is going higher this is one of the toughest average downs i did in the march/april period but one of the ones that rewarded me the most when we get into 2021, people will be thinking about 2022 numbers. that's the wave they these stocs trade. if you think uber will do 20 billion in revenue and 23 billion in 2022, it's one of the cheapest it like four times 22 revenue. you got companies much bigger in terms of market cap trading at 20 and 30 times sales. so i know we're grading on a curve, but i think the stock can absolutely wor

it's pretty delicious. >>> uber is selling itsself in a stock transition. also invest $400 million into aurora. uber was reportedly looking to slim down after it rev flews plummeted due to coronavirus pandemic. >>> airbnb expects to price its shares between 56 and $60s each up to the $4 issued. airbnb will return on thursday. the new price means the company could raise more than three billion during the stock market debut. >>> the dragon carbo capsule parked along a dragon crew capsule placed three weeks ago. it's the first time spacex has had two dragons at the space station taking up two parking stations. the cargo carrier is holding more than 60,000 experiments of equipment and christmas trees. >>> u.s. service men and women gathered in when you today to remember tholes killed in when you. survivor today of the attack, and there are very few of them left. the bell of the u.s. s. arizona rang. jets also flew overhead in the missing man formation. >> the example of perseverance and courage under fire that lead to that ultimate victory was forged here 79 ye

aurora bought off uber as they had a long troubled history in its efforts.ng back when i interviews the ceo. if you remember being there, he said the problem with his business is the person in the front seat. that was when he told the truth about, you know, these things. this idea of trying to get fully autonomous cars like taxis or things like that or private bus essentially. that is really interesting to me. uber is putting money into aurora and selling off the division or waymo really moving fast in this area too. also throughout china and gm with crews. there is a lot going on here. i thought i would write about the new market which is zukes. it won't be on the road -- none of this stuff will be on widespread roads for a long time. >> but one of the issues you do raise is whether or not the end game, at least in the medium term is moving people or stuff. >> it's interesting. we'll see with uber and in this case, the two people running it is really, they say it's going to be for a service that they're going to run. and not to sell cars. they could sell th

. >>> new details this morning on uber's uncertain future in california.te regulators just finding the company $59 million due to uber's refusal to hand over data on sexual assaults first ordered nearly a year ago. the state is threatening to suspend the operating license unless the company complies within 30 days. last year uber confirmed roughly 6,000 cases of sexual assault between 2017 and 2018. uber says it objects to releasing the information arguing it would compromise victim identities. >>> 6:37 right now. california also appears to be losing patience with amazon. the state justice department is now asking a court to demand the company provide more information on its covid practices. it wants raw data on covid rates. details on protocols for handling infections and employee complaints as well. california's attorney general says amazon is actually profiting from the pandemic. its third quarter profits tripled over what they were a year ago. >>> the latest rain in the north bay was enough for a santa rosa fire department to declare an end to its fire

uber has agreed to sell itself driving car unit.sold to a startup called aurora with uber retaining a 26% stake in the company. aurora's focus was on the software used for vehicles to navigate streets and highways without a human behind the wheel. aurora will partner with uber to connect their self-driving technology to the ride sharing platform. >>> california attorney general javier b javier bacara with 30 others filed a brief urging the supreme court to affirm the federal trade commission's authority to return money to scam victims. the move comes after a federal appellate court overturned a case that said the ftc could not request the money be returned. that's outrageous. in this brief, the attorney general and other authors argued returning illegally got money to the victims is essential to detouring crime. >>> apple is showing how apps in the app store collect data. it's instituting a feature called app tracking transparency. it requires apps to use -- to ask user's permission before tracking them. the feature launched last ye

it's to take care of i know that some people are getting >>according to uber's website. the company does offer reimbursement for drivers who purchase their own face mask gloves and aprons uber also offers free sanitation supplies for drivers on their website. >>well now to our coal the 4 zone forecast, yeah checking in with our chief meteorologist or his car with a look how many layers of clothing anything where you better bundle up to the could be another one of those frigid nights outside likely going to see some frost showing up in some of the valleys overnight tonight so yeah get ready. those temperatures plunging all the way down low 30's. i think in some of the north bay valleys very cold temperatures around the bay area skies, mostly clear right now not much in the way of wind. don't worry about so much of the fog tonight we may see a couple of patches well inland into the delta but otherwise, mostly clear the air a little more dry tonight so that being said we're keeping things dry under high pressure that ridge to strong right now and that's given the jet stream

. >> reporter: he says he started to drive for uber before the pandemic began. recently he said work slowed dramatically. >> you have to go and search for the work. >> he supports uber in their quest to make sure that their workers are deemed essential. it can be modified by individual states. >> teachers, educators, rallied by the san francisco supervisor who urged the governor to prioritize educators in the next round of vaccines. groups like the institution of zoos and a nationwide that alone is more than 23 million people. phase 1b hasn't been announced yet by the cdc or the california public health department. phase 1c likely will include people over 65 or with underlying conditions. healthy people under 65 who are not in any of the categories likely will be in phase two. >> the facebook ceo mark zuckerberg does not think it will be necessary for his employees to be vaccinated before their return. employees have the option to work remotely until at least july 2021. we are dedicating next week to bringing you in-depth coverage. if you have questions about th

that is for sure. >> that is right. >> mike isaac, author of super pumped, the battle for uber. thank you so much for your insight. take care. >> thank you. thanks for having me. >> all right folks, up next our week-long series on the state of the arts in the bay area. we will check in san francisco and all of the activities that you can still do virtually. >>> welcome back. abc 7 is committed to building a better bay area, and that includes celebrating and preserving our arts and culture. all week we are looking at the state of the arts in the bay area to see how the cherished cultural institutions are holding up and how you can help them out. we are going to see one of my favorites, the exploratorium in san francisco has adjusted during the pandemic. joining me is the senior director of visitor experience. how is it going robin. good to see you. >> everything is going really well. thank you. >> i was so bummed they had to close. it is not too far for the station. once in a while in lunch i would pop in, learn a thing about science or two and have a lot of fun. how have you piv

. >> tonight, uber wants its drivers to be among the first to get vaccinated. it wrote a letter to the cdc asking that right chair and delivery drivers be designated as nonmedical essential workers. uber says drivers provide critical transportation and allow others to stay home and order food. several other industries including agriculture and trucking have made similar requests. >>> coming up next, a runner attacked by a wild animal at a bay area high school track. >>> plus the new movement to have governor newsom recalled. why it appears to be picking up steam. >> i'm not a fan of politics but i think this petition needs to happen. the recall needs to happen. >> my livelihood is at stake so we need you to sign. >> it is insane to me that has to be on a card because it is very hard to pay or render the debit card. >>> a big change in the works tonight to stop all that recent on employment fraud but will they be enough? >>> and why one part of the bay area is becoming more and more vulnerable to wildfires, as windy weather makes a return. >> at first, our inten

it is a multi-billion dollar company. >> started by the people who came from uber. go ahead. >> lime is owned by lime. there is some complicated interests with uber related to the purchase of jump and a controlling interest from ford. the nature of the ownership of the companies is complicated and difficult to keep clear. >> are these companies that care about geographic distribution, equity, companies that need to have a city that enforces against them with a strong hand, yes or no? >> they need policy guidance and enforcement from san francisco to meet our goal. >> good answer. supervisor safai. >> thank you, mr. chair. i have more questions. we spent a lot of time talking today about further accountability on behalf of s.f.m.t.a. for these companies. what i want to know as part of the permitting process do you ask the companies to hold themselves accountable and customers accountable. if someone is not wearing a helmet, not following the rules, riding on the walk. whatever the issues are, are the companies themselves policing or for lack of a better word, holding

>> how about uber?rse, uber, remember sitting there as the smile started to be more and more forced as we watched that thing trade below opening. in this case, that's not expected early on, half hour ago, checking, people were saying, 130 to 140. >> really? >> yeah. you got a lot of the people in the pre-ipo rounds who are investors who are getting access to the ipo why? it is a tip. hey, thanks for helping us out early, here is an opportunity to flip some stock. so you got a little bit of that go on, people fighting for allocations as they always do. we'll see where we open. >> it is exciting, carl. and that's a word that a lot of people fear. excitement i've been hearing it over and over again i talk to people, and they say, how do i get in? this is so exciting. initially excitement is okay but, remember what lee cooperman says, the euphoria stage is always dangerous we're not there yet. we still have lots of people that went in $5 trillion >> that's true, jim. and there is some enthusiasm on the sell